Kovilpatti Lakshmi Roller Flour Mills Balance Sheet Health
Financial Health criteria checks 4/6
Kovilpatti Lakshmi Roller Flour Mills has a total shareholder equity of ₹647.1M and total debt of ₹568.7M, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are ₹1.4B and ₹798.1M respectively. Kovilpatti Lakshmi Roller Flour Mills's EBIT is ₹155.4M making its interest coverage ratio 3. It has cash and short-term investments of ₹1.6M.
Key information
87.9%
Debt to equity ratio
₹568.73m
Debt
Interest coverage ratio | 3x |
Cash | ₹1.59m |
Equity | ₹647.07m |
Total liabilities | ₹798.09m |
Total assets | ₹1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507598's short term assets (₹917.2M) exceed its short term liabilities (₹527.8M).
Long Term Liabilities: 507598's short term assets (₹917.2M) exceed its long term liabilities (₹270.3M).
Debt to Equity History and Analysis
Debt Level: 507598's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: 507598's debt to equity ratio has reduced from 180.8% to 87.9% over the past 5 years.
Debt Coverage: 507598's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 507598's interest payments on its debt are not well covered by EBIT (3x coverage).